Guy LeBas

Guy LeBas, the Chief Fixed Income Strategist at Janney Montgomery Scott, discusses the profound implications of AI financing on the corporate bond market. He highlights how tech giants may need to issue trillions in new debt to fund expansive data centers, potentially expanding the investment-grade bond market by 20% annually. LeBas also addresses the risks of this heavy issuance, the impact of new accounting rules on financing, and whether the emerging AI bubble could spill into the bond market.